SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Garware Technical Fibres invests in UK arm to acquire Norwegian companies

05 Jul 2025 Evaluate

Garware Technical Fibres has made investment by way of subscription to 93,94,444 equity shares of GBP 1.00 each, for aggregate subscription value of GBP 93,94,444 to be issued by its wholly owned subsidiary (WOS) namely Garware Technical Fibres UK, UK (GTF UK). The share capital raised by GTF UK shall be utilized for the acquisition of 100% of the issued equity shares of Offshore and Trawl Supply AS (OTS) and Advanced Mooring Supply AS (AMS), Norwegian Target Companies. On completion of above transaction OTS and AMS will become a Wholly Owned Subsidiaries of GTF UK and consequently, step-down wholly owned subsidiaries of the Company. The acquisition is likely to be completed on or before July 31, 2025.

Garware Technical Fibres is engaged in manufacturing and selling various products such as Ropes, Twine, Yarn, Fishnet, Other Nets and Technical Textiles.

Garware Tech. Fibres Share Price

619.35 15.80 (2.62%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 123.10
Vardhman Textiles 560.80
Arvind 389.90
K.P.R. Mill 872.25
Page Industries 36053.70
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×